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Showing 61 - 70 of 1283 results for "ROA"

Australia's 1% just keep getting richer: Study

CHLOE WALKER  |  TUESDAY, 17 JAN 2023
According to Oxfam, the richest 1% of Aussies have accumulated 10 times more wealth than the bottom 50% in the past decade. In its latest report, titled Survival of the richest, Oxfam found that Australian billionaire wealth is 61% higher than it was ...

APAC airports well positioned for recovery: Study

CHLOE WALKER  |  FRIDAY, 13 JAN 2023
Despite the weakening macroeconomic environment, global infrastructure assets, in particular airport assets in the Asia Pacific region, are continuing to rebound strongly following the pandemic. According a Fitch Ratings' report, the infrastructure ...

MaxCap sells logistics site to Brookfield

JAMIE WILLIAMSON  |  WEDNESDAY, 30 NOV 2022
MaxCap Group has offloaded more than 12 hectares in Sydney's inner west to Brookfield. The Villawood site was the fifth asset acquired by the MaxCap Industrial Opportunity Fund (MIOF), which purchased it in May 2021. It has since received planning permit ...

Hostplus defies inflation fears

ELIZABETH FRY  |  MONDAY, 28 NOV 2022
One of Sam Sicilia's pet themes is that the forces of technology are deflationary, and they will inevitably kick in to be a dominant influence. The Hostplus investment chief has been on this tear for some time and hasn't changed his mind despite ...

Zurich Australia adds chief information officer

JAMIE WILLIAMSON  |  WEDNESDAY, 23 NOV 2022
The financial services giant will welcome a chief information officer in January, relocating from Hong Kong. Deepak Budhiraja is currently chief information and technology officer at Sun Life Financial. He will commence in the new role with Zurich on ...

ASIC issues more stop orders

CHLOE WALKER  |  THURSDAY, 10 NOV 2022
The corporate regulator has placed interim stop orders on offers from Finnia Income (Finnia) in response to its flimsy target market determinations (TMDs). Finnia, an unlisted company, pursued a $20 million raise under a prospectus through the issue ...

HESTA to commit $100m to green hydrogen

JAMIE WILLIAMSON  |  WEDNESDAY, 9 NOV 2022
The industry fund is going to explore green hydrogen production, agreeing to invest up to $100 million in ReNu Energy and Countrywide Hydrogen projects. The super fund has signed a term sheet with ASX-listed ReNu Energy and its subsidiary Countrywide ...

AFA posts $273,135 operational loss

ANDREW MCKEAN  |  TUESDAY, 8 NOV 2022
The Association of Financial Advisers (AFA) has reported an operating loss of $273,135, an improvement of $94,655 from last year's result, as it gears up for the vote on its proposed merger with the Financial Planning Association of Australia (FPA). ...

Cbus overhauls climate change reporting

RACHEL ALEMBAKIS  |  FRIDAY, 4 NOV 2022
Cbus has updated its climate change roadmap to meet its 2030 target of reducing emissions by 45%, including a change in reporting for portfolio emissions that sees the fund's reported emissions reductions restated to reflect real-world outcomes. The ...

Melissa Caddick's home sells

JAMIE WILLIAMSON  |  MONDAY, 31 OCT 2022
The receivers and liquidators charged with recovering what they can for Melissa Caddick's spurned investors have confirmed her Dover Heights property has sold. The house went on the market in September, listed by Sydney Sotheby's International Realty. ...